The best 5-year fixed mortgage rates in Canada May 24th

Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.

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Looking for a mortgage in B.C.? Don’t limit your options to the big banks + MORE Aug 11th

At last, interest rates are coming down again. For Canadians who are in the market for a new home, facing renewal of their mortgage in the foreseeable future, or feeling unsatisfied with their current home loan, this poses two choices: do you pounce now, or stay on the sidelines in the hope that rat.... More »

Mortgage payments are easing overall, but many face renewal stress, TD says + MORE Jul 11th

High-rate renewals are squeezing budgets, but rate cuts and short-term mortgage resets are easing the burden in aggregate, TD Economics says.... More »

B.C. home sales struggle in May as mortgage rates rise and labour market stays weak + MORE Jun 14th

Rising mortgage rates and a weaker labour market are weighing on home sales in British Columbia, especially in the Lower Mainland. .... More »

The bond risk many investors overlook Jul 5th

When you buy a bond, there’s a chance the borrower might not be able to pay you back, but bonds also carry a different kind of risk. Duration, or interest rate risk, is related to a bond’s sensitivity to changes in interest rates. When interest rates go up, you won’t be able .... More »

Community Trust at 50: A golden anniversary built on broker partnerships + MORE Oct 19th

Reflecting on five decades of alternative lending, national growth, and an unwavering commitment to the Canadian mortgage broker community..... More »

The best 5-year fixed mortgage rates in Canada

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5-year fixed rates in more detail

Five-year fixed-rate mortgages are generally the most popular type of mortgage in Canada. However, in the last few years, many Canadians have reassessed their mortgage options as a result of major changes in the economy, the real estate market and their personal finances. For example: In 2020, when interest rates fell to historic lows, more Canadians than usual opted for a variable mortgage rate to save on interest costs—a trend that reversed itself once rates began to rise again in March 2022…

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